Bidpath and Wavebid

Wavebid, a SaaS company that offers inventory, clerking, marketing, and management services for the auction industry, announced a strategic sales partnership with Bidpath, a leading global online bidding software platform. Together, Bidpath and Wavebid will be offering Wavebid’s first European-oriented auctioneer software product. It will be released in late 2017.

Minneapolis, MN, August 09, 2017

Wavebid, a SaaS company that offers inventory, clerking, marketing, and management services for the auction industry, announced today that they are undergoing a major expansion across the Atlantic. The initiative is possible through a strategic sales partnership with Bidpath, a leading global online bidding software platform. Together, Bidpath and Wavebid will be offering Wavebid’s first European-oriented auctioneer software product. It will be released in late 2017.

Bidpath and Wavebid have maintained a strategic partnership for many years. This expansion gives Bidpath the exclusive right to market Wavebid across the United Kingdom, Europe, Australia and South Africa as a standalone product. At the same time, current relationships with other bidding providers will remain unchanged. When discussing the partnership, Russ Hilk, Co-founder and CEO of Wavebid, stated, “We are excited to embark on this important phase of our expansion. The power of our software is universal for any auctioneer. By partnering with Bidpath, we gain an immediate local sales and support team to push the expansion of this versatile and useful product.”

As part of the partnership agreement, Wavebid will conduct a simple redesign and update of the software. This will allow the software to address locale-specific differences in the varying markets. The updates will also include a standalone server cluster within the EU. This is to meet EU data privacy requirements.

“This partnership brings powerful tools in the Wavebid software suite right to our customers throughout the EU. There is an absolute need in the market for cloud-based auction software, and we are thrilled to help fill that void,” said Adam Alexander, Founder and CEO of Bidpath.